People & Markets - All Articles

  • Credit Suisse cuts MD in bond origination

    Credit Suisse has let go of a managing director in debt capital markets.

    • 31 Jan 2018
  • HLEG report offers blueprint of sustainable finance system

    Europe has a good chance of being able to make a real start on greening its financial system, according to members of the High Level Expert Group on Sustainable Finance, which delivered its report to the European Commission on Wednesday.

    • 31 Jan 2018
  • Central banks’ new green network broadens focus to environment

    The first meeting of the Central Banks’ and Supervisors’ Network for Greening the Financial System has broadened the emphasis of the group’s work from a focus on climate change to one on climate and the environment.

    • 29 Jan 2018
  • EU needs official Green Bond Standard, HLEG to advise

    The European Commission is being advised to set up a comprehensive Sustainability Taxonomy by 2020 to guide investment decisions towards a greener economy, and to develop an official EU Green Bond Standard. These are key recommendations of its High Level Expert Group on Sustainable Finance, according to a leaked draft copy of its report seen by GlobalCapital.

    • 29 Jan 2018
  • Dollar investors focus on Asian bond supply

    The US Federal Reserve is scheduled to meet this week, just days after the yield on 10 year Treasuries reached a three-year high. But the Asian debt market remains largely unfazed, with investors focusing on the impending bond supply threatening to overwhelm them.

    • 29 Jan 2018
  • NAB USPP banker heads north

    Scotiabank looks set to enter the US private placement market, after it hired an experienced banker from National Australia Bank.

    • 25 Jan 2018
  • Eight central banks form network to green the financial system

    Representatives of eight central banks including those of France, China, Mexico and the UK are meeting in Paris this week for the first time, as part of a new initiative to share best practice on how to make the financial system greener.

    • 23 Jan 2018
  • Ollerenshaw survives Barclays cull

    A new role for Simon Ollerenshaw was announced internally at Barclays on Monday.

    • 23 Jan 2018
  • Big name Barclays MDs at risk in investment bank cull

    Barclays rolled out sweeping cuts to its investment bank on Wednesday, with around 100 jobs gone across the business, including several managing directors in the EMEA primary bonds business.

    • 18 Jan 2018
  • DMO head switches to investment bank

    The head of one of Europe's highest profile sovereign debt management agencies has returned to the sell side to run his new firm's investment banking business in his home country.

    • 16 Jan 2018
  • Muoio readies exit from Jefferies levfin as Ramesh joins

    Tom Muoio, head of European leverage finance capital markets at Jefferies, who was appointed six years ago, will be leaving the bank, as former HSBC leveraged finance director Bala Ramesh joins the team.

    • 16 Jan 2018
  • Crédit Agricole veteran Sodhi promoted to global DCM corporates head

    Crédit Agricole has named Atul Sodhi as head of global debt capital markets corporates, for which he will relocate from Hong Kong to Paris.

    • 16 Jan 2018
  • Villiers to lead UK and Nordic corporate banking for MUFG

    MUFG has appointed Holly Villiers to a new role heading corporate banking for UK, Ireland and the Nordic countries.

    • 15 Jan 2018
  • Nomura nabs ex-Barclays banker for DCM

    Nomura has hired veteran banker Guy Smith as head of DCM and acquisition and leveraged finance for Asia ex-Japan, effective Monday.

    • 15 Jan 2018
  • Swedish report recommends cash for green bond issuers

    Green bond issuers could be encouraged with a payment from the government if the bond finances a reduction in carbon dioxide emissions, according to a report for the Swedish government this week.

    • 12 Jan 2018
  • Green and social to drive revamped DZ Bank in DCM

    DZ Bank has overhauled its debt capital markets operation and plans to use its sustainable finance credentials to push for more international business, especially in SSAs and covered bonds.

    • 11 Jan 2018
  • US traders try to dodge 'MiFID-like' solution

    Industry members and SEC commissioners put their heads together to address the liquidity issues that face the fixed income markets in the first US Fixed Income Market Structure Advisory Committee.

    • 11 Jan 2018
  • Theme for 2018: Survival of the fittest as MiFID II burdens derivatives players

    Five years after being pushed on to trading venues in the US by the Dodd-Frank Act, over-the-counter derivatives players are beating a similar path in Europe, under the Markets in Financial Instruments Directive II. Most people think MiFID II has been a worse experience, and will make it harder for small players. But efficiency gains may follow. Ross Lancaster reports.

    • 03 Jan 2018
  • Theme for 2018: Debt and derivatives players set out on long road away from Libor

    It is six months since Andrew Bailey, head of the UK financial regulator, set the clock ticking on a transition from the London interbank offered rate to an alternative. But if credible replacements are to be ready by his 2021 deadline, there is still a mountain of work to do. Ross Lancaster explores the risks of phasing out the old benchmark and asks if it could yet survive.

    • 03 Jan 2018
  • Theme for 2018: Capital markets brace for blockchain breakthrough

    When the shadowy figure known as Satoshi Nakamoto launched bitcoin in 2009, few predicted that the technology underpinning it would, in a few short years, be hailed as an invention as important as the internet. Capital markets are on the front line for disruption, writes Lewis McLellan.

    • 03 Jan 2018
  • Theme for 2018: Who will win from MiFID II in fixed income?

    MiFID II rips up the market rulebook — and replaces it with a whole bookshelf of new rulebooks. Entire divisions have worked flat out to get ready for the regulation’s official start on January 3, and it’s certain to overturn the established competitive order. Nell Mackenzie looks at the winners and losers.

    • 03 Jan 2018
  • Theme for 2018: Banks stumble through Brexit fog to new plans, in London or not

    Banks and other financial firms operate in complex lattices of regulation. But for any firm based in the UK and operating internationally, Brexit means they have no idea what regulations will apply, come March 2019. They cannot afford to do nothing, yet do not know what to plan for. As Nigel Owen reports, the response has been to plan for every scenario, including relocation from London.

    • 03 Jan 2018
  • Theme for 2018: Are European banks ready to go back on the offensive?

    2017 saw some serious capital raising by European banks. Four European globally systemic banks, in four monster rights issues, raised more than €30bn — partly to deal with non-performing loans and partly to reclaim their places in global investment banking and capital markets. Even banks that did not turn to the equity markets sought to conserve capital — but is 2018 the year when belts will start to be loosened again? Owen Sanderson reports.

    • 03 Jan 2018
  • Editor's overview: MiFID II — enforcing virtue, risking sterility

    MiFID II might qualify as one of the wonders of the modern world. At 1.5m paragraphs, including all its appendages, it swathes a blanket of mind-numbing verbiage around activities that were once fast and exciting.In that sense, it is the embodiment of modern financial markets and of modernity itself. By Jon Hay.

    • 03 Jan 2018